2 bedroom apartment for sale

Available

25 Copley Drive, Ockley Lane Hassocks, BN6 8FS

£82,500 · Shared Ownership New Build

Share percentage 25%, full price £330,000, £4,125 Min Deposit.

Available
2 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£82,500 Shared Ownership New Build · Eligibility Eligibility

Share percentage 25%, full price £330,000, £4,125 Min Deposit.

Monthly Cost: £1,092
Rent £567, Service charge £55, Mortgage £470*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

£
Eligibility
To be eligible for shared ownership you would need to meet the following criteria:
  • Your household income does not exceed £80,000 (outside of London) and £90,000 (inside of London)
  • You have a deposit of at least 5% of the share value
  • You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
  • This will be your only residence.
  • You are a permanent UK resident or have indefinite right to remain.
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
Summary

Wonderful 2 bedroom apartment in the Ockley Park development. The price advertised represents purchasing a 25% share of the home.

Description

Wonderful 2 bedroom apartment in the Ockley Park development. The price advertised represents purchasing a 25% share of the home.

About the Development

Ockley Park is set a short walk from the Sussex countryside and within an hour of the South Downs National Park. The site features a selection of two- and three-bedroom homes including terraced, semi-detached and an apartment all with plentiful parking.

Within easy reach of the south coast by train from Hassocks train station with regular services up to London and Gatwick Airport. Furthermore, you will be within walking distance to the community park and orchard along with a large public open area.

About the Area

Hassocks village is a modest walk away with of amenities, schools and Hassocks train station, as well as the beautiful countryside of the South Downs close by.

There are good transport links by road and whether you are going up to London or south to Brighton, the train links are excellent.

About the Home

Entering via the main front and climbing the staircase brings you to the landing with a handy storage cupboard. From here you can access the main lounge/kitchen/diner to the right, the kitchen comprises of a range of contemporary units with worktop over, sink & drainer, integrated oven, hob and extractor and plumbing for a washing machine. There are two double bedrooms, and a house bathroom. The house bathroom comprises of a contemporary three-piece suite of pedestal wash basin, WC and bath with shower above.

This home comes complete with allocated parking and a garage underneath.

Shared Ownership

The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. You can buy a minimum 50% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

T&Cs

*Please note images are for information purposes only and may not represent a true likeness for the units being sold. Some or all images have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images.

*Services Charges will apply, speak to our Sales Agent for more information. Costs are subject to change

Key Features
  1. 2 bedroom apartment
  2. Flooring throughout
  3. Storage space
  4. Modern fitted kitchen
  5. Allocated parking
  6. Open plan living
  7. 3 piece bathroom with shower over bath
  8. There will be an added service charge
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Floor Plan Energy Certificate
Map
Hassocks (0.80 miles) Burgess Hill (1.57 miles) Wivelsfield (2.35 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
  • Service Charge: Covers maintenance and repairs for communal areas within your development.
  • Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.

NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.

£82,500
Shared Ownership New Build
Estimated Monthly Cost:£1,092
Rent £567
Service Charge £55
Mortgage £470

Share percentage 25%, full price £330,000, £4,125 Min Deposit. Calculated using a representative rate of 5.26%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.